John Warren Sullivan Sells 1,917 Shares of Matson (NYSE:MATX) Stock

Posted by Geri Gentry on Aug 14th, 2026

Matson, Inc. (NYSE:MATX – Get Free Report) SVP John Warren Sullivan sold 1,917 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $208.49, for a total value of $399,675.33. Following the completion of the transaction, the senior vice president directly owned 7,630 shares of the company’s stock, valued at approximately $1,590,778.70. The trade was a 20.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Matson Trading Up 0.0%

Shares of NYSE MATX opened at $214.48 on Friday. Matson, Inc. has a 1-year low of $86.97 and a 1-year high of $230.74. The business has a fifty day moving average price of $203.59 and a 200 day moving average price of $181.29. The stock has a market capitalization of $6.41 billion, a P/E ratio of 14.34 and a beta of 1.27. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.89 and a quick ratio of 0.89.

Matson (NYSE:MATX – Get Free Report) last posted its earnings results on Monday, August 3rd. The shipping company reported $4.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.79 by $0.48. The company had revenue of $969.40 million for the quarter, compared to analyst estimates of $893.91 million. Matson had a return on equity of 16.94% and a net margin of 13.41%.The firm’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.92 earnings per share. Equities research analysts expect that Matson, Inc. will post 16.01 EPS for the current fiscal year.

Matson Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 6th will be given a dividend of $0.38 per share. The ex-dividend date of this dividend is Thursday, August 6th. This represents a $1.52 annualized dividend and a yield of 0.7%. This is an increase from Matson’s previous quarterly dividend of $0.36. Matson’s dividend payout ratio is currently 10.16%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Wall Street Zen upgraded Matson from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. JPMorgan Chase & Co. lifted their price objective on shares of Matson from $230.00 to $270.00 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. Weiss Ratings upgraded shares of Matson from a “hold (c)” rating to a “buy (b-)” rating in a research note on Thursday, August 6th. Zacks Research raised shares of Matson from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. Finally, Stephens boosted their target price on shares of Matson from $240.00 to $260.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $232.33.

Read Our Latest Research Report on Matson

Institutional Trading of Matson

Several hedge funds and other institutional investors have recently bought and sold shares of MATX. Danske Bank A S acquired a new stake in shares of Matson during the 4th quarter worth approximately $25,000. Allworth Financial LP purchased a new stake in Matson during the second quarter worth $28,000. Headlands Technologies LLC acquired a new stake in Matson during the second quarter valued at $28,000. Measured Wealth Private Client Group LLC purchased a new position in Matson in the third quarter valued at $30,000. Finally, SouthState Bank Corp acquired a new position in shares of Matson in the fourth quarter worth about $31,000. 84.76% of the stock is owned by institutional investors and hedge funds.

More Matson News

Here are the key news stories impacting Matson this week:

Positive Sentiment: Matson’s latest quarterly results showed solid operating momentum: earnings per share of $4.27 exceeded the $3.79 consensus estimate, while revenue increased 16.7% year over year to $969.4 million, also topping expectations. Analysts forecast approximately $16.01 in full-year EPS.
Positive Sentiment: Analyst sentiment has improved, with JPMorgan raising its price target to $270 and Stephens lifting its target to $260. The consensus rating is “Buy,” with an average target price of $232.33, suggesting additional potential upside based on current estimates.
Positive Sentiment: Matson increased its quarterly dividend to $0.38 per share from $0.36, signaling confidence in cash generation. The annualized payout is $1.52 per share, although the yield remains modest at roughly 0.7%.
Neutral Sentiment: A Zacks comparison examines whether MATX is outperforming transportation peers, including Seanergy Maritime Holdings, and the broader transportation sector this year. The report provides relative-performance context but does not introduce a new company-specific fundamental catalyst. Zacks Matson peer-performance article
Negative Sentiment: Four senior vice presidents sold a combined 4,569 Matson shares for approximately $952,000 on August 11. The transactions reduced their individual holdings by about 6% to 20%, though all retained shares. Repeated executive selling could weigh on sentiment, even though insider sales can also reflect personal liquidity or diversification decisions. Matson insider-selling article

About Matson

(Get Free Report)

Matson, Inc (NYSE: MATX) is a U.S.-based provider of ocean transportation and supply chain logistics services with a focus on Pacific trade lanes. The company operates a fleet of container ships that regularly service Hawaii, Alaska, Guam, Micronesia and other Pacific islands, as well as mainland U.S. ports. Matson’s ocean transportation segment offers scheduled liner services, expedited shipping options and specialized project cargo handling for industries ranging from retail to heavy machinery.

In addition to its core liner operations, Matson offers ocean transportation services between Asia and the U.S.